Treasury Orders Department-Wide Investigation into Potential Fraud Across Contracting Programs

WASHINGTON – The U.S. Department of the Treasury today announced a comprehensive audit of all contracts and task orders awarded under preference-based contracting, totaling approximately $9 billion in contract value across Treasury and its bureaus. The audit will examine potential misuse of the Small Business Administration’s 8(a) Business Development Program, and other initiatives that provide federal contracting preferences to certain eligible businesses.These actions follow Treasury’s earlier suspension and termination of all contracts and task orders with ATI Government Solutions, following allegations of fraud involving more than $253 million in previously issued contract awards.Under President Trump’s leadership, Treasury is focused on detecting and eliminating fraud and abuse of taxpayer dollars.